What is the difference between command, laissez-faire, and mixed econimics?
Which one can describe communism? Which one can describe fascism? Which one can describe libertarianism? Which one can describe socialism?
Communism is clearly Command. The government controls every aspect of the economy.
Libertarianism is Laissez-Faire, where the Government gives full liberty for a free market economy, where people do whatever they want.
Socialism is related with mixed economics, but with government controlling and limiting the economy. It is sort of "You can do whatever you want, as long as you respect the government rules".
I believe Fascism is more related with command. The government decides the trend of the economy, deciding the main focus but giving some liberty for the people close to the government to decide how they are going to do it.
by crankalicious5 years ago
My unbiased description is this: liberals turn to government to solve their problems. Conservatives turn to business to solve their problems.
by sumitparihar6 years ago
I just wanted to know that what ascent is prefered,or best suited.
by Grace Marguerite Williams5 years ago
What you do think of laissez-faire parenting?The laissez-faire parent is the parent who believes in leaving children to their own devices so to speak. They do not believe in being overly intrusive in their...
by Credence25 years ago
Somewhere within the tapestry of recent history a determination was made that fully automatic sub machine guns like the Thompson could not be obtained by the private citizen for self defense. These were the weapons of...
by Moon Daisy5 years ago
Can you notice a difference between HD and non-HD TV channels?I cannot. Am I alone in this? If you think there is a difference, can you maybe describe it for me?
by Wayne Brown7 years ago
Can you describe the difference between a "hobo" and a "homeless person"?
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.